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808 Highway 378

Marcus & Millichap Brokers $3.7M Sale Of Retail Property In Lexington South Carolina
SOLDRetail

Marcus & Millichap Brokers $3.7M Sale Of Retail Property In Lexington South Carolina

808 Highway 378

$3,700,000

$528/SF

Building Size

7,000 SF

Asset Type

Retail

Closing

Jul 7, 2026

AI

808 Highway 378 is a retail property located in Lexington, SC. The fully leased asset encompasses 7,000 square feet and was sold for $3,700,000, reflecting a price per square foot of $529.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,700,000
  • Square Footage: 7,000 SF
  • Price Per Square Foot: $529
  • Address: 808 Highway 378
  • Market: Lexington, SC

The property was acquired by a New Jersey-based private investor. Brokers involved in the transaction include Seth Goldberg, Alan Cafiero, Brent Hyldahl, and Benjamin Yelm, who represented the buyer, with Ben Yelm also serving as Marcus & Millichap's broker of record in South Carolina.

Players

Brent Hyldahl

Marcus & Millichap

Broker

$444.6M

vol

59 deals

Broker

Lexington Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93